1. Includes finance company subsidiaries of bank holding companies but not of retailers and banks.
2. Owned receivables are those carried on the balance sheet of the institution. Managed receivables are outstanding balances of
pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
Data are shown before deductions for unearned income and losses. Components may not add to totals because of rounding.
3. The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect
of such breaks.
4. Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all
loans of each type purchased during the month.
OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
(Billions of dollars)
Not seasonally adjusted

2004

2005

2006

2001

2002

2003

2004

2005 r

Q4

Q1

Q2

Q3

Q4 r

Nov

Dec r

Jan p

Total

1254.7

1277.5

1330.2

1411.8

1477.0

1411.8

1414.3

1428.6

1436.3

1477.0

1459.0

1477.0

1463.7

Consumer

519.7

523.9

547.7

573.3

580.8

573.3

573.3

578.6

582.3

580.8

578.1

580.8

581.3

Motor vehicle loans

173.9

160.2

197.0

230.0

194.3

230.0

219.5

208.2

203.3

194.3

200.9

194.3

193.6

Motor vehicle leases

103.5

83.3

70.0

62.5

70.6

62.5

63.7

67.3

68.8

70.6

69.5

70.6

72.4

Revolving 5

31.5

38.9

37.6

40.5

48.8

40.5

41.6

44.5

46.2

48.8

48.2

48.8

48.9

Other 6

32.7

38.7

60.9

96.3

114.5

96.3

99.7

102.9

112.5

114.5

114.2

114.5

115.1

Securitized assets 7

Motor vehicle loans

131.9

151.9

132.8

109.9

123.7

109.9

117.0

125.9

122.9

123.7

118.7

123.7

122.7

Motor vehicle leases

6.8

5.7

5.5

4.8

4.2

4.8

4.6

4.5

4.3

4.2

4.2

4.2

4.1

Revolving

25.0

31.1

31.6

19.3

16.6

19.3

18.0

16.9

15.8

16.6

14.4

16.6

16.6

Other

14.3

14.0

12.2

9.8

7.9

9.8

9.1

8.5

8.5

7.9

8.0

7.9

7.8

Real estate

207.1

210.6

229.4

268.2

308.6

268.2

271.3

277.9

287.8

308.6

301.6

308.6

302.0

One-to-four family

120.1

135.0

152.2

190.1

232.5

190.1

194.5

199.7

212.6

232.5

226.7

232.5

236.8

Other

41.2

39.5

46.7

52.7

52.4

52.7

52.3

52.0

52.0

52.4

52.0

52.4

41.8

Securitized assets 7

One-to-four family

40.1

33.0

26.7

21.8

18.9

21.8

21.1

20.3

19.6

18.9

19.2

18.9

18.6

Other

5.7

3.2

3.8

3.5

4.8

3.5

3.5

5.9

3.7

4.8

3.7

4.8

4.8

Business

527.9

543.0

553.1

570.4

587.6

570.4

569.7

572.1

566.1

587.6

579.3

587.6

580.3

Motor vehicles

54.0

60.7

74.9

91.6

113.3

91.6

91.9

99.1

88.3

113.3

111.6

113.3

111.1

Retail loans

16.1

15.4

18.2

18.4

19.2

18.4

21.5

21.9

21.6

19.2

19.7

19.2

19.2

Wholesale loans 8

20.3

29.3

40.3

46.2

62.9

46.2

42.8

48.1

37.4

62.9

62.7

62.9

60.8

Leases

17.6

16.0

16.3

27.0

31.2

27.0

27.5

29.2

29.3

31.2

29.3

31.2

31.1

Equipment

289.4

292.1

277.6

264.8

271.7

264.8

260.8

264.5

266.3

271.7

268.7

271.7

270.8

Loans

77.8

83.3

74.6

70.6

72.5

70.6

69.6

70.0

70.4

72.5

70.8

72.5

72.7

Leases

211.6

208.8

203.1

194.3

199.2

194.3

191.2

194.5

195.9

199.2

198.0

199.2

198.1

Other business receivables 9

103.5

102.5

105.0

115.3

119.3

115.3

116.5

114.5

119.9

119.3

122.5

119.3

116.1

Securitized assets 7

Motor vehicles

50.1

50.2

48.4

44.8

28.8

44.8

48.8

43.2

39.9

28.8

25.3

28.8

29.3

Retail loans

5.1

2.4

2.2

2.2

2.7

2.2

2.2

2.8

2.7

2.7

2.7

2.7

2.7

Wholesale loans

42.5

45.9

44.2

40.6

26.0

40.6

44.6

40.2

37.0

26.0

22.5

26.0

26.5

Leases

2.5

1.9

2.1

2.0

0.1

2.0

2.0

0.1

0.1

0.1

0.1

0.1

0.1

Equipment

23.2

20.2

22.1

23.6

24.4

23.6

21.6

23.4

23.8

24.4

23.2

24.4

22.9

Loans

16.4

13.0

12.5

11.5

11.6

11.5

9.9

11.7

12.4

11.6

11.8

11.6

10.1

Leases

6.8

7.2

9.6

12.1

12.8

12.1

11.7

11.6

11.4

12.8

11.4

12.8

12.8

Other business receivables 9

7.7

17.4

25.1

30.2

30.2

30.2

30.2

27.5

27.9

30.2

27.8

30.2

30.1

5. Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
6. Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as
appliances, apparel, boats, and recreation vehicles.
7. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originator.
8. Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
9. Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used
primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.
r=revised. p=preliminary.